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Corporations Act Notice Procedures Regarding Shareholders Meeting
Question
The Corporations Act provides notice procedures when a company calls a shareholders meeting. What are these notice procedures? The Corporations Act also provides, that if these notices procedures are not followed strictly and there is no “substantial injustice”, the effect of a procedural irregularity won’t make the meeting or its resolutions invalid. Do you think notice procedures need to be stricter and should there be a stricter approach to procedural irregularities? Discuss.
Summary
This question belongs to business law and discusses about notice procedures need to be stricter and should there be a stricter approach to procedural irregularities.
Total word count: 318
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